No quick fix to impact of China's waste ban that has sucked the profits out of recycling, operators say

No quick fix to impact of China's waste ban that has sucked the profits out of recycling, operators say
Jonathan Underhill
By Jonathan Underhill June 1 (BusinessDesk) - Waste Management NZ, the nation's biggest such company, says there isn't a quick fix for the impact of Chinese restrictions on waste imports after the government announced a task force to respond to a move that operators say has sucked the profits out of recycling. "Yes there is a range of options for mid to longer term and we are working on some of these. In the immediate term it will remain a very challenging situation where supply exceeds demand for recyclable commodities," said Tom Nickels...